The New Home Co (The New Home Co) Inventory-to-Revenue : 2.53 (As of Jun. 2021)

View and export this data going back to 2014. Start your Free Trial

What is The New Home Co Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. The New Home Co's Average Total Inventories for the quarter that ended in Jun. 2021 was $354.9 Mil. The New Home Co's Revenue for the three months ended in Jun. 2021 was $140.5 Mil. The New Home Co's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 2.53.

The New Home Co's Inventory-to-Revenue for the quarter that ended in Jun. 2021 declined from Mar. 2021 (3.36) to Mar. 2021 (2.53)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The New Home Co's Days Inventory for the three months ended in Jun. 2021 was 276.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. The New Home Co's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.33.

The New Home Co Inventory-to-Revenue Historical Data

The historical data trend for The New Home Co's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The New Home Co Inventory-to-Revenue Chart

The New Home Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory-to-Revenue

Get a 7-Day Free Trial

0.35

0.47

0.74

0.75

0.74

The New Home Co Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Inventory-to-Revenue	Get a 7-Day Free Trial															3.89	2.72	2.25	3.36	2.53

Competitive Comparison of The New Home Co's Inventory-to-Revenue

For the Residential Construction subindustry, The New Home Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The New Home Co's Inventory-to-Revenue Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, The New Home Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where The New Home Co's Inventory-to-Revenue falls into.

The New Home Co Inventory-to-Revenue Calculation

The New Home Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory-to-Revenue (A: Dec. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )
=	( (433.938	+	314.957)	/	2 )	/	507.411
=	374.4475					/	507.411
=	0.74

The New Home Co's Inventory-to-Revenue for the quarter that ended in Jun. 2021 is calculated as

	Inventory-to-Revenue (Q: Jun. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Revenue (Q: Jun. 2021 )
=	( (351.589	+	358.273)	/	2 )	/	140.526
=	354.931					/	140.526
=	2.53

The New Home Co (NYSE:NWHM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The New Home Co's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2021 )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
	=	354.931	/	116.947	*	365 / 4
	=	276.94

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

The New Home Co's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2021 )	/	Average Total Inventories (Q: Jun. 2021 )
	=	116.947	/	354.931
	=	0.33

The New Home Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of The New Home Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

The New Home Co (The New Home Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » The New Home Co Inc (NYSE:NWHM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

15231 Laguna Canyon Road, Suite 250, Irvine, CA, USA, 92618

Website

https://www.nwhm.com

The New Home Co Inc is a home builder that focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area. The company also offers general contracting services to build homes for independent third-party property owners.

Executives

Paul C Heeschen	director	450 NEWPORT CENTER DRIVE STE 450 NEWPORT BEACH CA 92660
Cathey S Lowe	director
Douglas C Neff	director, 10 percent owner, other: See "Remarks" below.	19800 MACARTHUR BLVD. SUITE 700 IRVINE CA 92612
Wayne Stelmar	director, other: See "Remarks" below.	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Sam Bakhshandehpour	director	THE NEW HOME COMPANY, 95 ENTERPRISE, SUITE 325, ALISO VIEJO CA 92656
Michael Berchtold	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Gregory P. Lindstrom	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Leonard Stoudt Miller	officer: President & CEO	85 ENTERPRISE SUITE 450 ALISO VIEJO CA 92656
John Martin Stephens	officer: EVP, Chief Financial Officer	26 TECHNOLOGY DRIVE, IRVINE CA 92618
H Lawrence Webb	director, officer: Executive Chairman, other: See "Remarks" below.	THE NEW HOME COMPANY 85 ENTERPRISE, SUITE 450 ALISO VIEJO CA 92656
William A. Witte	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Thomas Redwitz	other: See "Remarks" below.	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Second Curve Capital Llc	10 percent owner	150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown	10 percent owner	C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Tricon Us Topco Llc	other: See remarks	1067 YONGE STREET TORONTO A6 M4W 2L2